akapital

Congress & Alternative Energy: Investment Ideas

FYI

EPA recently rejected a petition to waive 50% of the requirement to purchase and blend corn ethanol for the period spanning September 2008 through August 2009.

The EPA's reaffirmation of this standard sends a strong signal to the investment community: our government is serious about adhering to its commitment to enhance our nation's energy security

The Energy Independence and Security Act of 2007 strengthened the RFS by increasing the mandated amount of renewable fuels used annually in the United States to 36 billion gallons by 2022, of which at least 16 billion must be cellulosic ethanol, which is derived from non-food feedstocks such as agricultural residues, canes, wood and grasses. This federal commitment to advanced biofuels provides a stable and predictable market framework for companies like Verenium (VRNM), which just began start-up and commissioning one of the nation's first demonstration-scale cellulosic ethanol facilities.